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So 'NVDA' is loaning money to 'AI' 'startups' to buy their chips?

Is this sustainable business practice, Trumpkins?
pale boyish incel
  11/12/25
Startups they take equity stakes in too. The lawyers advisin...
Know-it-all becky
  11/12/25
For a forum full of wordcel lawyers you "people" h...
Iridescent Psychic Garrison
  11/12/25
I'm an engineer not a lolyer, dumbass. u need to keep up wi...
pale boyish incel
  11/12/25
The only thing you've engineered is fraud & lie
Iridescent Psychic Garrison
  11/12/25
I think you're being a little overdramatic 🙄
pale boyish incel
  11/12/25
lol at the period outside your quotation marks.
slimy space famous landscape painting
  11/12/25
...
godawful carnelian lettuce friendly grandma
  11/12/25
what's wrong with the punctuation?
Floppy ticket booth
  11/12/25
Nothing Ever 'Happens' thinks you need to 'use' double quota...
pale boyish incel
  11/12/25
pivot to free OpenAI phone just subscribe to our data centre...
vermilion nofapping shitlib old irish cottage
  11/12/25
TT waving his new Kimi K2 CCP $30 JizzPhone in ur face
Iridescent Psychic Garrison
  11/12/25
...
vermilion nofapping shitlib old irish cottage
  11/12/25
i wish
razzle-dazzle obsidian meetinghouse
  11/12/25
...
Ebony mewling tanning salon
  11/12/25
That will very much be the business model and why Apple is f...
Know-it-all becky
  11/12/25
Even if they don’t have outright ownership stakes the ...
Know-it-all becky
  11/12/25
can u give typical convertible agreement and %s
deep sweet tailpipe
  11/12/25
Typically as the lender you take a 35% haircut if you conver...
Know-it-all becky
  11/12/25
I’m really posting solid legal edumacation here&hellip...
Know-it-all becky
  11/12/25
Now tell them how often SV biglaw sets up essentially the sa...
slimy space famous landscape painting
  11/12/25
do they get lower interest rate a lot because of that
deep sweet tailpipe
  11/12/25
LJL no. Conversion rights at before at least a C round are n...
Know-it-all becky
  11/12/25
how much do u charge to write a contract like that and wh...
deep sweet tailpipe
  11/12/25
I’m in house so I just collect my million a year. We h...
Know-it-all becky
  11/12/25
lol at you making a million a year. More like million every ...
Twisted parlour
  11/12/25
He’s bragged about this for a while now. I suspect he...
slimy space famous landscape painting
  11/12/25
Like for realz - 6th years in their first year in-house are ...
Know-it-all becky
  11/12/25
well he claims he did divorce law at Quinn Emanuel, so let's...
Twisted parlour
  11/12/25
Guy with very small pecker and even smaller sense of humor
Know-it-all becky
  11/12/25
yes, in addition to making up fake stories about being a big...
Twisted parlour
  11/12/25
Ok, hoss. That’s was obviously a funny about QE given ...
Know-it-all becky
  11/12/25
The shoes at DPW warrants a new schtick. I haven’t shi...
Know-it-all becky
  11/12/25
How does one pay back debt if said startup is burning cash a...
180 mother
  11/12/25
By raising another round in 12 months at a higher valuation....
Know-it-all becky
  11/12/25
Lmao no one will ever come up with a better business model t...
Wonderful Ruby State Fortuitous Meteor
  11/12/25
The auto industry has been doing this with consumers for dec...
godawful carnelian lettuce friendly grandma
  11/12/25
OP is retarded. So GM is loaning money to their customers to...
Dark Hairraiser Tattoo
  11/12/25
(Guy who doesn't know about 'negative equity')
pale boyish incel
  11/12/25
Car makers morphing into finance companies has been rather d...
Know-it-all becky
  11/12/25


Poast new message in this thread



Reply Favorite

Date: November 12th, 2025 8:26 AM
Author: pale boyish incel

Is this sustainable business practice, Trumpkins?

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422567)



Reply Favorite

Date: November 12th, 2025 8:29 AM
Author: Know-it-all becky

Startups they take equity stakes in too. The lawyers advising on skirting related party disclosures are working overtime. Tech and fintech cos are now a lawyers wet dream because the structures are other worldly complex. Gone are the days when you had a Phillip Morris with a simple org chart and easy disclosures.

Side letter on top of side letters just on voting rights, bro. Biglaw is making bank.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422572)



Reply Favorite

Date: November 12th, 2025 8:31 AM
Author: Iridescent Psychic Garrison

For a forum full of wordcel lawyers you "people" have ttt "punctuation usage". Animeboi exposed as a total fraud yet again.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422573)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: pale boyish incel

I'm an engineer not a lolyer, dumbass. u need to keep up with xo lore.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422576)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: Iridescent Psychic Garrison

The only thing you've engineered is fraud & lie

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422580)



Reply Favorite

Date: November 12th, 2025 9:24 AM
Author: pale boyish incel

I think you're being a little overdramatic 🙄

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422675)



Reply Favorite

Date: November 12th, 2025 9:29 AM
Author: slimy space famous landscape painting

lol at the period outside your quotation marks.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422697)



Reply Favorite

Date: November 12th, 2025 12:40 PM
Author: godawful carnelian lettuce friendly grandma



(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423243)



Reply Favorite

Date: November 12th, 2025 12:32 PM
Author: Floppy ticket booth

what's wrong with the punctuation?

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423223)



Reply Favorite

Date: November 12th, 2025 12:41 PM
Author: pale boyish incel

Nothing Ever 'Happens' thinks you need to 'use' double quotation marks ("...") to 'quote something'.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423245)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: vermilion nofapping shitlib old irish cottage

pivot to free OpenAI phone just subscribe to our data centre for gpt-10 in your pocket - $200 p/m

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422575)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: Iridescent Psychic Garrison

TT waving his new Kimi K2 CCP $30 JizzPhone in ur face

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422578)



Reply Favorite

Date: November 12th, 2025 8:35 AM
Author: vermilion nofapping shitlib old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422586)



Reply Favorite

Date: November 12th, 2025 8:53 AM
Author: razzle-dazzle obsidian meetinghouse

i wish

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422612)



Reply Favorite

Date: November 12th, 2025 8:53 AM
Author: Ebony mewling tanning salon



(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422613)



Reply Favorite

Date: November 12th, 2025 8:39 AM
Author: Know-it-all becky

That will very much be the business model and why Apple is fucked.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422589)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: Know-it-all becky

Even if they don’t have outright ownership stakes the notes have conversion provisions that are more than generous. If the startup does well nVidia will own the bitch and if not it’s just debt.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422577)



Reply Favorite

Date: November 12th, 2025 8:32 AM
Author: deep sweet tailpipe

can u give typical convertible agreement and %s

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422579)



Reply Favorite

Date: November 12th, 2025 8:36 AM
Author: Know-it-all becky

Typically as the lender you take a 35% haircut if you convert but you would only convert once they get a 409A showing your initial valuation for the loan was off by a good 100% and they post something like a 40% CAGR telling you the next 409A will be at least double ahead of IPO. It’s free money on the table at that point. The note provisions have most favored nation clauses so the lender gets the same 409A access as an equity investor.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422587)



Reply Favorite

Date: November 12th, 2025 8:41 AM
Author: Know-it-all becky

I’m really posting solid legal edumacation here….

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422592)



Reply Favorite

Date: November 12th, 2025 9:33 AM
Author: slimy space famous landscape painting

Now tell them how often SV biglaw sets up essentially the same arrangement for these startups and their legal fees. It really has a strong whiff of the aughts era “innovations” in debt securitization.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422712)



Reply Favorite

Date: November 12th, 2025 8:42 AM
Author: deep sweet tailpipe

do they get lower interest rate a lot because of that

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422593)



Reply Favorite

Date: November 12th, 2025 8:46 AM
Author: Know-it-all becky

LJL no. Conversion rights at before at least a C round are near universal now. The crossover rounds ahead of IPO are very, very annoying for lawyers too but it pays the bills.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422599)



Reply Favorite

Date: November 12th, 2025 8:47 AM
Author: deep sweet tailpipe

how much do u charge to write a contract like that

and why dont ppl advertise that the lender believes in them as a badge of pride

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422601)



Reply Favorite

Date: November 12th, 2025 8:56 AM
Author: Know-it-all becky

I’m in house so I just collect my million a year. We have a general corporate engagement letter with DLA Piper at like $1170 for partner rates.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422618)



Reply Favorite

Date: November 12th, 2025 8:58 AM
Author: Twisted parlour

lol at you making a million a year. More like million every 5 years.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422624)



Reply Favorite

Date: November 12th, 2025 9:36 AM
Author: slimy space famous landscape painting

He’s bragged about this for a while now. I suspect he’s inflating 2-2.5x but he manages managers now allegedly and does seem to genuinely geek out on this shit. Even as a compliance monkey he’s making considerably more than 300k ie the going rate for senior counsel in generic commercial roles.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422723)



Reply Favorite

Date: November 12th, 2025 12:02 PM
Author: Know-it-all becky

Like for realz - 6th years in their first year in-house are all at $300k BASE on the street. That ‘s not counting cash bonuses and stock. All the Glassdoor numbers are base comp for these roles. When they say $250-300k they mean $250-300k base which usually gets you another $100k in discretionary cash bonuses and $50-100k in RSUs on top. Very vanilla in-house guys on the street are all at $400k all in comp now. It’s even more when you add the very generous 401k matches and ESPP plans and free lunches. My last shop had a 10% match with no ceiling - anything over the 401k limit went into a defined benefit pension. If you manage a team - stack $200-300k top of that. Director duders are all at like $600k. MDs are near a million.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423087)



Reply Favorite

Date: November 12th, 2025 12:42 PM
Author: Twisted parlour

well he claims he did divorce law at Quinn Emanuel, so let's start with that.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423246)



Reply Favorite

Date: November 12th, 2025 1:11 PM
Author: Know-it-all becky

Guy with very small pecker and even smaller sense of humor

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423332)



Reply Favorite

Date: November 12th, 2025 1:15 PM
Author: Twisted parlour

yes, in addition to making up fake stories about being a biglaw associate. you've got it all!

don't tell me you're trying to pass off the QE fanfic as a joke now.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423341)



Reply Favorite

Date: November 12th, 2025 1:26 PM
Author: Know-it-all becky

Ok, hoss. That’s was obviously a funny about QE given that their whole sales pitch is they are the most trial focused biglaw firm and that all their other practices are ancillary to their trial focus. A lawyer would get the joke at QEs expense (ie. they never turn even a shitlaw divorce down if it gets them court time). Next I will tell you about my appellate work from the heights of Cadwalader or the shoes I sold at DPW.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423366)



Reply Favorite

Date: November 12th, 2025 1:28 PM
Author: Know-it-all becky

The shoes at DPW warrants a new schtick. I haven’t shit on DPW in some time….

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423376)



Reply Favorite

Date: November 12th, 2025 8:44 AM
Author: 180 mother

How does one pay back debt if said startup is burning cash and CFADS is negative

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422596)



Reply Favorite

Date: November 12th, 2025 8:52 AM
Author: Know-it-all becky

By raising another round in 12 months at a higher valuation.

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49422611)



Reply Favorite

Date: November 12th, 2025 12:39 PM
Author: Wonderful Ruby State Fortuitous Meteor

Lmao no one will ever come up with a better business model than usury

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423239)



Reply Favorite

Date: November 12th, 2025 12:45 PM
Author: godawful carnelian lettuce friendly grandma

The auto industry has been doing this with consumers for decades and that’s worked out ok

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423253)



Reply Favorite

Date: November 12th, 2025 12:47 PM
Author: Dark Hairraiser Tattoo

OP is retarded. So GM is loaning money to their customers to buy their cars ?!?!?!

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423260)



Reply Favorite

Date: November 12th, 2025 12:52 PM
Author: pale boyish incel

(Guy who doesn't know about 'negative equity')

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423273)



Reply Favorite

Date: November 12th, 2025 1:14 PM
Author: Know-it-all becky

Car makers morphing into finance companies has been rather disasterous for the industry and why China is currently raping US automotive though TBF the better ones never really went full into this and have rather complicated arrangements with banks not merely to service the loans but to do most of the lift on the actual lending side too (ie. it’s mostly not GM money).

(http://www.autoadmit.com/thread.php?thread_id=5796611&forum_id=2Ã#49423339)